I’ll start off by providing you with the link to the calculator, which you’ll need to have an up-to-date Java applet in order to access. The calculator collects a little information about where your business stands financially and gives you an estimate for how much working capital you might need, if you need any at all.
If you’re already deliberating using working capital*—I imagine everyone has or will at some point in their business lifespans—you could use all the help you can get making that decision. Using a calculator like this gives you a solid base of knowledge and a way to form an opinion before you go out seeking recommendations and advice from companies (shameless plug alert—like Direct Capital!) that can provide that to you.
If you’re looking for more advice on why you should consider working capital and whether it’s a good fit for your business, I’ll refer you back to an article I wrote in late March addressing that topic. When you’re making a decision about your business growth, you could use all the help you could get, and in as low-pressure an environment as possible. Hope this helps.
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Photo credit to lusi at http://www.sxc.hu/photo/1149239
*Working capital not available in the following states: AK, DE, ND, VT